Republic Services Inc (RSG)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 6,682,000 | 6,022,300 | 5,306,600 | 4,557,300 | 4,053,100 |
| Revenue | US$ in thousands | 16,032,000 | 14,964,500 | 13,511,300 | 11,295,000 | 10,153,600 |
| Gross profit margin | 41.68% | 40.24% | 39.28% | 40.35% | 39.92% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $6,682,000K ÷ $16,032,000K
= 41.68%
Based on the data provided for Republic Services Inc, the gross profit margin has shown a fluctuating trend over the past five years. In December 2020, the gross profit margin stood at 39.92%, slightly increasing to 40.35% by December 2021. However, in December 2022, there was a decrease in the gross profit margin to 39.28%.
Subsequently, there was a rebound in December 2023, with the gross profit margin increasing to 40.24%. The most significant improvement was seen in December 2024, with the gross profit margin reaching 41.68%, indicating an enhanced ability to generate profit from sales after accounting for the cost of goods sold.
Overall, although there have been fluctuations in the gross profit margin over the five-year period, the general trend has shown an improvement in the company's profitability, particularly in the most recent year, signaling positive financial performance in terms of efficient cost management and revenue generation.
Peer comparison
Dec 31, 2024